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2-bed · 1,641 sqftThe Springs 1, The Springs · completed 2005

S04/TH23, The Springs 1

Sold prices and rental history: sold twice, last in June 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa S04/TH23 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 1.9M24 June 2008
Current rentAED 126K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for S04/TH23, The Springs 1

What is S04/TH23 worth today?

Last sold for AED 1,900,000 in 2008

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15 Apr 2025RentedRenewal
AED 126,000/yr12 months · AED 77 per sqft
15 Apr 2024RentedRenewal
AED 120,000/yr12 months · AED 73 per sqft
15 Apr 2023RentedRenewal
AED 110,000/yr12 months · AED 67 per sqft
10 May 2020RentedRenewal
AED 110,000/yr12 months · AED 67 per sqft
10 May 2019RentedRenewal
AED 130,000/yr12 months · AED 79 per sqft
10 May 2018RentedRenewal
AED 135,000/yr12 months · AED 82 per sqft
10 May 2015RentedNew contract
AED 145,000/yr12 months · AED 88 per sqft
10 May 2014RentedNew contract
AED 145,000/yr12 months · AED 88 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2025.

Key facts

Type
2-bed villa
Size
1,641 sqft
Developer
Emaar
Completed
2005
Service charge
AED 3,500 /yr
Last sold
AED 1.9M · June 2008
Community
The Springs 1

About S04/TH23, The Springs 1

S04/TH23 is a two-bedroom villa of 1,641 sqft in The Springs 1, a villa community in The Springs completed in 2005 by Emaar. The developer sold it on 24 June 2008 for AED 1,900,000, or AED 1,157 per sqft, 154% above the AED 455 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 15 April 2025, is AED 126,000 a year: a gross yield of 6.6% on the 2008 price, before the service charge of about AED 3,500 a year.

Sales and rents for S04/TH23 over time

Sales
Villa S04/TH23, each saleTypical two-bed in The Springs 1
2M2007201220172022Typical sale price by year: 2007 AED 717,888; 2008 AED 1,228,944; 2009 AED 981,450; 2010 AED 1,292,500; 2011 AED 1,410,000; 2012 AED 1,430,000; 2013 AED 1,975,000; 2014 AED 2,125,000; 2015 AED 2,000,000; 2016 AED 2,140,000; 2017 AED 2,275,000; 2018 AED 1,675,000; 2019 AED 1,550,000; 2020 AED 1,500,000; 2022 AED 2,150,000; 2023 AED 2,450,000; 2024 AED 3,000,000; 2025 AED 3,450,000Sold by developer, June 2008: AED 1,900,000 (AED 1,157 per sqft)Sold, June 2008: AED 1,725,000 (AED 1,051 per sqft)

S04/TH23 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa S04/TH23, each contractTypical two-bed in The Springs 1
100K150K200K20112015201920232027Typical rent by year: 2011 AED 110,000; 2012 AED 100,000; 2013 AED 119,678; 2014 AED 135,000; 2015 AED 140,000; 2016 AED 140,000; 2017 AED 135,000; 2018 AED 120,000; 2019 AED 114,500; 2020 AED 95,000; 2021 AED 100,000; 2022 AED 110,000; 2023 AED 125,000; 2024 AED 154,896; 2025 AED 171,250; 2026 AED 200,000New contract, May 2014: AED 145,000 a yearNew contract, May 2015: AED 145,000 a yearRenewal, May 2018: AED 135,000 a yearRenewal, May 2019: AED 130,000 a yearRenewal, May 2020: AED 110,000 a yearRenewal, April 2023: AED 110,000 a yearRenewal, April 2024: AED 120,000 a yearRenewal, April 2025: AED 126,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the community.

2-beds in The Springs 1, and where S04/TH23 sits

All 132 2-beds →

S04/TH23 last sold in June 2008 at AED 1,157 per sqft, 154% above what two-beds in The Springs 1 were fetching at the time (AED 455). Over the last 12 months two-beds sold for AED 2,900,000 to 4,350,000, around AED 2,003 per sqft, and rent for AED 115,000 to 270,000 a year. S04/TH23's AED 126,000 is in the lower half of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
10 Feb 20263,650,000
2 Feb 20264,350,000
25 Dec 20253,300,000
17 Nov 20252,900,000
4 2-bed sales in the last 12 months

The Springs 1

Community

237 villas, 2-bed to 6-bed in The Springs, completed in 2005 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,222
Typical sale
AED 4M
Typical rent
AED 190K /yr
Typical yield
5.0%
The Springs 1, The Springs: prices, sales and rents →

S04/TH23, The Springs 1 in numbers

  • Sold twice: first on 24 June 2008 for AED 1,725,000, last on 24 June 2008 for AED 1,900,000 (AED 1,157 per sqft).
  • Rented since May 2014 on 8 Ejari contracts. The rent fell from AED 145,000 to AED 110,000 in 2023 and recovered to AED 126,000 by April 2025.
  • At AED 126,000 a year the gross yield on the 2008 price is 6.6%, before a service charge of about AED 3,500 a year (AED 2.13 per sqft).
  • Two-beds in The Springs 1 sold for AED 2,900,000–4,350,000 in the 12 months to November 2026; the community's median across all types is AED 2,222 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2025.

Questions about S04/TH23, The Springs 1

What did villa S04/TH23 last sell for?

AED 1,900,000 on 24 June 2008, sold by the developer: AED 1,157 per sqft for 1,641 sqft. The villa has 2 registered sales; the first was AED 1,725,000 in June 2008.

What is the rent for villa S04/TH23?

AED 126,000 a year on the contract renewed on 15 April 2025. The previous contract, from April 2024, was AED 120,000; the villa has been rented since May 2014.

How big is villa S04/TH23?

1,641 sqft (152.5 sqm): a two-bedroom villa in The Springs 1, completed in 2005.

What is villa S04/TH23 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in The Springs 1 sold for AED 2,900,000 to 4,350,000 in the last 12 months, around AED 2,003 per sqft.

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Mortgage on S04/TH23, The Springs 1

Starts from the last sale price (AED 1.9M, 24 June 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →